Photo:Brookings Institution (Blog) |
These trends are opening the way for new approaches in higher education. Innovations in how post-secondary education are delivered, financed, and recognized are driven by a range of actors—from large public universities like Arizona State University to elite private institutions like MIT to the many relatively new education companies entering the sector like Make School, Coursera and Trilogy Education.
But to understand why these new approaches are emerging, we need to first look at what is driving them...
What’s driving innovation in higher education
One way students can evaluate whether to invest in higher education is through potential wage premiums—namely if what students would earn with their education is higher than what they would earn without it. An important element in understanding the return on investment of higher education is the cost of the degree.
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Source: Brookings Institution (Blog)